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QUESTION SET 3: Answer TWO of the following questions (5 pts…

QUESTION SET 3: Answer TWO of the following questions (5 pts) Note that you can answer four for an additional 4 pts Be sure to identify which questions you are answering Provide 2 key differences between reseller organizations and retail/wholesale organizations in their purchasing of goods and services from other businesses. Define and provide an example of how the internet of things can be used in your life. What is a threat to the internet of things? What is difference between transactional and relational marketing? Provide an example of each. What is one reason why products fail and what can marketer’s do to reduce the fail rate? Describe brand involvement. What is one way to increase it? What is loss aversion and its implications on consumer behavior? What is the difference between augmented and virtual reality? Define and given an example of each. Explain how mobile technology impacts consumer behavior. Be specific. Which emerging technology is specifically impacting you the most currently and why? Be sure to define that technology with example of how its impacting you. Rahman (2017) made the statement “Just as Microsoft Excel did not kill Accountants, Machine Learning will not kill professions but work with different professions to make them more effective”. Provide specific details based on what you’ve learned in class on whether you agree or disagree with this statement. In other words, do you agree or disagree and why?      

Jorge recently adopted a vegan diet. He is going to his firs…

Jorge recently adopted a vegan diet. He is going to his first party since that decision and now that he’s vegan, it is important to ensure what he brings the party doesn’t include animal fat in his baked good. This importance of a product to his self-concept is known as _____________ involvement.